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FIEO, MCX-SX ink pact

New Delhi, Dec. 1

The micro, small and medium enterprise (MSME) export sector can now look forward to obtain training on the sophisticated currency and commodity markets to equip them in tackling volatility that marks trading in such markets. The Federation of Indian Export Organisations (FIEO) has entered into a memorandum of understanding (MoU) with MCX-SX Ltd to conduct training and certification programmes on these markets for FIEO members. The MoU was signed by Mr Ajay Sahai, Director- General, FIEO, and Mr Joseph Massey, Director, MCX-SX Ltd, here recently. As per the MoU, training/certification programmes and simulation exercise on currency and commodity markets would be provided to FIEO members and MSME export sector throughout the network of FIEO offices/chapters. Mr Massey said that educating the MSME export sector was the need of the hour and efforts would be made to provide training across the length and breadth of the country.

— Our Bureau

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